Pfizer annual capital expenditures (capex)
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Pfizer Capital Expenditures (CapEx) Growth & History (PFE)
Pfizer's capital expenditures (capex) was $2.63B for fiscal 2025.
View full Pfizer company overviewPfizer annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.63B | −$280.0M | −9.63% |
| 2024 | 2024-12-31 | $2.91B | −$998.0M | −25.54% |
| 2023 | 2023-12-31 | $3.91B | $671.0M | +20.74% |
| 2022 | 2022-12-31 | $3.24B | $525.0M | +19.37% |
| 2021 | 2021-12-31 | $2.71B | $485.0M | +21.79% |
| 2020 | 2020-12-31 | $2.23B | $180.0M | +8.80% |
| 2019 | 2019-12-31 | $2.05B | $62.0M | +3.13% |
| 2018 | 2018-12-31 | $1.98B | $28.0M | +1.43% |
| 2017 | 2017-12-31 | $1.96B | $133.0M | +7.30% |
| 2016 | 2016-12-31 | $1.82B | $426.0M | +30.49% |
| 2015 | 2015-12-31 | $1.40B | $198.0M | +16.51% |
| 2014 | 2014-12-31 | $1.20B | −$7.0M | −0.58% |
| 2013 | 2013-12-31 | $1.21B | −$121.0M | −9.12% |
| 2012 | 2012-12-31 | $1.33B | −$333.0M | −20.06% |
| 2011 | 2011-12-31 | $1.66B | $147.0M | +9.72% |
| 2010 | 2010-12-31 | $1.51B | $308.0M | +25.56% |
| 2009 | 2009-12-31 | $1.21B | −$496.0M | −29.16% |
| 2008 | 2008-12-31 | $1.70B | −$179.0M | −9.52% |
| 2007 | 2007-12-31 | $1.88B | — | — |
Pfizer quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $533.0M | −$85.0M | −13.75% |
| Q1 2026 | 2026-03-29 | $436.0M | −$128.0M | −22.70% |
| Q4 2025 | 2025-12-31 | $845.0M | −$72.0M | −7.85% |
| Q3 2025 | 2025-09-28 | $602.0M | −$49.0M | −7.53% |
| Q2 2025 | 2025-06-29 | $618.0M | −$19.0M | −2.98% |
| Q1 2025 | 2025-03-30 | $564.0M | −$140.0M | −19.89% |
| Q4 2024 | 2024-12-31 | $917.0M | −$127.0M | −12.16% |
| Q3 2024 | 2024-09-29 | $651.0M | −$159.0M | −19.63% |
| Q2 2024 | 2024-06-30 | $637.0M | −$277.0M | −30.31% |
| Q1 2024 | 2024-03-31 | $704.0M | −$435.0M | −38.19% |
| Q4 2023 | 2023-12-31 | $1.04B | $43.0M | +4.30% |
| Q3 2023 | 2023-10-01 | $810.0M | −$31.0M | −3.69% |
| Q2 2023 | 2023-07-02 | $914.0M | $163.0M | +21.70% |
| Q1 2023 | 2023-04-02 | $1.14B | $496.0M | +77.14% |
| Q4 2022 | 2022-12-31 | $1.00B | −$1.0M | −0.10% |
| Q3 2022 | 2022-10-02 | $841.0M | $223.0M | +36.08% |
| Q2 2022 | 2022-07-03 | $751.0M | $214.0M | +39.85% |
| Q1 2022 | 2022-04-03 | $643.0M | $89.0M | +16.06% |
| Q4 2021 | 2021-12-31 | $1.00B | $189.0M | +23.25% |
| Q3 2021 | 2021-10-03 | $618.0M | $111.0M | +21.89% |
| Q2 2021 | 2021-07-04 | $537.0M | $80.0M | +17.51% |
| Q1 2021 | 2021-04-04 | $554.0M | $105.0M | +23.39% |
| Q4 2020 | 2020-12-31 | $813.0M | $271.0M | +50.00% |
| Q3 2020 | 2020-09-27 | $507.0M | −$58.0M | −10.27% |
| Q2 2020 | 2020-06-28 | $457.0M | −$22.0M | −4.59% |
| Q1 2020 | 2020-03-29 | $449.0M | −$11.0M | −2.39% |
| Q4 2019 | 2019-12-31 | $542.0M | −$85.0M | −13.56% |
| Q3 2019 | 2019-09-29 | $565.0M | $18.0M | +3.29% |
| Q2 2019 | 2019-06-30 | $479.0M | $55.0M | +12.97% |
| Q1 2019 | 2019-03-31 | $460.0M | $74.0M | +19.17% |
| Q4 2018 | 2018-12-31 | $627.0M | −$73.0M | −10.43% |
| Q3 2018 | 2018-09-30 | $547.0M | $97.0M | +21.56% |
| Q2 2018 | 2018-07-01 | $424.0M | −$24.0M | −5.36% |
| Q1 2018 | 2018-04-01 | $386.0M | $28.0M | +7.82% |
| Q4 2017 | 2017-12-31 | $700.0M | $11.0M | +1.60% |
| Q3 2017 | 2017-10-01 | $450.0M | $18.0M | +4.17% |
| Q2 2017 | 2017-07-02 | $448.0M | $47.0M | +11.72% |
| Q1 2017 | 2017-04-02 | $358.0M | $57.0M | +18.94% |
| Q4 2016 | 2016-12-31 | $689.0M | — | — |
| Q3 2016 | 2016-10-02 | $432.0M | $143.0M | +49.48% |
| Q2 2016 | 2016-07-03 | $401.0M | $143.0M | +55.43% |
| Q1 2016 | 2016-04-03 | $301.0M | $62.0M | +25.94% |
| Q3 2015 | 2015-09-27 | $289.0M | $14.0M | +5.09% |
| Q2 2015 · Jun 28 | 2015-06-28 | $258.0M | −$20.0M | −7.19% |
| Q1 2015 | 2015-03-29 | $239.0M | −$53.0M | −18.15% |
| Q4 2014 | 2014-12-31 | $354.0M | −$63.0M | −15.11% |
| Q3 2014 | 2014-09-28 | $275.0M | −$3.0M | −1.08% |
| Q2 2014 | 2014-06-29 | $278.0M | −$31.0M | −10.03% |
| Q1 2014 | 2014-03-30 | $292.0M | $90.0M | +44.55% |
| Q4 2013 | 2013-12-31 | $417.0M | −$77.0M | −15.59% |
| Q3 2013 | 2013-09-29 | $278.0M | −$7.0M | −2.46% |
| Q2 2013 | 2013-06-30 | $309.0M | $15.0M | +5.10% |
| Q1 2013 | 2013-03-31 | $202.0M | −$52.0M | −20.47% |
| Q4 2012 | 2012-12-31 | $494.0M | −$104.0M | −17.39% |
| Q3 2012 | 2012-09-30 | $285.0M | −$169.0M | −37.22% |
| Q2 2012 | 2012-07-01 | $294.0M | −$64.0M | −17.88% |
| Q1 2012 | 2012-04-01 | $254.0M | $4.0M | +1.60% |
| Q4 2011 | 2011-12-31 | $598.0M | — | — |
| Q3 2011 | 2011-10-02 | $454.0M | $166.0M | +57.64% |
| Q2 2011 | 2011-07-03 | $358.0M | — | — |
| Q1 2011 | 2011-04-03 | $250.0M | −$55.0M | −18.03% |
| Q3 2010 | 2010-10-03 | $288.0M | $27.0M | +10.34% |
| Q1 2010 | 2010-04-04 | $305.0M | $52.0M | +20.55% |
| Q4 2009 | 2009-12-31 | $422.0M | — | — |
| Q3 2009 | 2009-09-27 | $261.0M | −$183.0M | −41.22% |
| Q2 2009 | 2009-06-28 | $269.0M | — | — |
| Q1 2009 | 2009-03-29 | $253.0M | — | — |
| Q3 2008 | 2008-09-28 | $444.0M | — | — |
Pfizer capital expenditures (capex) trends
Over the last five fiscal years, Pfizer's capital expenditures (capex) increased from $2.23B to $2.63B, a change of $403.0M. The latest reported quarter, Q2 2026, shows $533.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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